Alpaca Middle East Gets Preliminary Abu Dhabi Approval for Planned Services
Photo: TokenPost
Alpaca Clearing & Custody ME Ltd, known as Alpaca Middle East, has received preliminary approval from Abu Dhabi’s financial regulator on its license application, advancing plans for brokerage and virtual-asset custody services. The Financial Services Regulatory Authority (FSRA) is the financial regulator of Abu Dhabi Global Market (ADGM). The approval moves the U.S. brokerage infrastructure firm closer to establishing a regulated presence in the United Arab Emirates. Alpaca Middle East plans to offer brokerage services and custody for virtual assets, subject to the scope of any license the FSRA grants.
Source: TokenPost
